EMCC European Monitoring Centre on Change

Jumbo

Company/Organisation:
Jumbo

Geographic Location

Country: Netherlands

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Number Employed: 4500
Group: Jumbo

Employment Effects

Announcement Date: 22-08-2012
Planned Job Reductions min: 500
Planned Job Reductions max: 600
Type of Restructuring: Merger/Acquisition
Employment Effect Start: 22-08-2012

Additional Information

On 22 August, supermarket chain Jumbo announced a social plan affecting 500 to 600 employees. Reason for the redundancies is the integration of Jumbo and the C1000 chain, which was taken over by Jumbo.

Job losses will mainly take place at the head offices of Jumbo and C1000. The number of employees will be reduced from 1,300 to around 700.